$BTC Bitcoin (BTCUSDT) is once again showing a familiar historical pattern that has appeared in previous Bear Cycles and market bottoms. 📉
After every Bull Run peak, BTC usually enters a correction phase with a series of Lower Highs, creating what we know as a Bear Cycle. Right now, price action seems to be moving inside a Descending Triangle, and a confirmed break below support could trigger the next major phase.
In past cycles (2014 & 2018), Bitcoin found its bottom near the 1M MA50 zone. In the latest cycle (2022), BTC bottomed within the 1M MA50 – 1W MA350 support zone. Based on historical behavior, the next strong accumulation zone could be around $50,000 – $45,000 if bearish pressure continues.
Also, previous triangle supports have aligned with key Fibonacci retracement levels (0.236 / 0.5), and this confluence again strengthens the probability of a major support area forming soon. 📊
Patience is key — smart money buys fear, not hype. 🚀
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